Mar 31, 2015
1) All the investments made by the company are valued at Cost .
2) Managerial Remuneration: Nil
3) The company does not have inventory as on 31.03.2015.
4) Differed tax arising on account of timing difference and which are
capable of reversal in one or more subsequent periods is recognized
using the tax rates and tax laws that have been enacted or
substantively enacted. Differed tax assists are recognized unless there
is virtual certainty with respect to the reversal of the same in future
years.
5) All schedules annexed to and from integral part of the Balance Sheet
and Profit & Loss Account.
6) Minimum Alternative Tax (MAT) is recognized as a n asset only when
and to the extent there is convicting evidence that the company will
pay normal income tax during the specified period. The Company reviews
the same at each balance sheet date and writes down the carrying amount
of MAT Credit Enticement to the extent there is no longer convicting
evidence to the effect that company will pay normal Income Tax during
the specified period.
7) Value of Import on CIF Basis Nil
Mar 31, 2014
1) The previous year''s figures have been reworked, regrouped,
rearranged and reclassified wherever necessary.
2) All the investments made by the company are valued at Cost .
3) Managerial Remuneration: Nil
4) Company does not have any Inventory as per AS-2.
5) Deferred tax arising on account of timing difference and which are
capable of reversal in one or more subsequent periods is recognised
using the tax rates and tax laws that have been enacted or
substantively enacted. Deferred tax assets are recognised unless there
is virtual certainty with respect to the reversal of the same in future
years.
6) The revised Schedule VI as notified under the companies Act,1956,
has become applicable to the company for the presentation of its
financial statements for the year ending March 31st, 2013. The
adaptation of the revised Schedule VI requirements has significantly
modified the presentation and disclosures which have been complied with
in these financial statements Previous year figures have been
reclassified in accordance with current year requirements.
7) All schedules annexed to and form integral part of the Balance Sheet
and Profit & Loss Account.
8) Minimum Alternative Tax (MAT) is recognised as an asset only when
and to the extent there is convincing evidence that the company will
pay normal income tax during the specified period. The Company reviews
the same at each balance sheet date and writes down the carrying amount
of MAT Credit Entitlement to the extent there is no longer convincing
evidence to the effect that company will pay normal Income Tax during
the specified period.
9) Value of Import on CIF Basis Nil
10) Earnings in Foreign Exchange (FOB Value) Nil
11) Expenditure in Foreign Currency Nil
12) The Company has no employee to whom the provisions of section 217
(2A) of the Companies Act, 1956 are applicable.
13) Company was originally incorporated in New Delhi as "M/S MADHUBAN
CONSTRUCTION PRIVATE LIMITED" on 05th March, 2008 under the provisions
of Companies Act, 1956 vide certificate of incorporation issued by the
Registrar of Companies, NCT of Delhi & Haryana. The name of the Company
was subsequently changed to "M/S MADHUBAN CONSTRUCTIONS LIMITED" vide
Fresh Certificate of Incorporation dated 22th January, 2014 issued by
the Registrar of Companies, NCT of Delhi & Haryana.
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